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Boston Beer Pops 8% After A Blowout Quarter, Sales Outperforms Priti Ramgarhia- April 23, 2021, 9:52 AM EDT SHARE ON: Shares of Boston Beer surged 7.6% in pre-market trading after posting better-than-expected 1Q results driven by top-line growth. Meanwhile, results were negatively impacted by cost pressures. Including certain once-off items, Boston Beer’s ( SAM) 1Q earnings more than tripled to $5.26 per share, compared to $1.49 reported in the prior-year period, and comfortably beat analysts’ expectations of $2.61. Net revenues of $545.1 ...

Amazon Web Services (AWS), an Amazon.com company, inked a strategic collaboration agreement with DISH Network Corporation. Per the terms of the deal, AWS

Intuitive Surgical Posts Strong 1Q Results, Beats Street Estimates Shrilekha Pethe- April 22, 2021, 6:06 AM EDT SHARE ON: Intuitive Surgical delivered strong 1Q results with revenues of $1.29 billion, up by 18% year-on-year, and beating analysts’ estimates of $1.1 billion. The robotics products and surgical equipment provider reported non-GAAP earnings per diluted share of $3.52, topping consensus estimates of $2.64 per share. Intuitive Surgical’s ( ISRG) CEO, Gary Guthart said, “We are pleased with this quarter’s performance. Our perf...

Priti Ramgarhia- April 22, 2021, 10:15 AM EDT SHARE ON: Lam Research Corporation, a semiconductor company, posted better-than-expected guidance for the fiscal fourth quarter after results topped consensus estimates in fiscal 3Q. Lam Research’s ( LRCX) 3Q adjusted earnings increased 24% on a sequential basis to $7.49 per share and surpassed the Street estimates of $6.60. Revenue surged 11% sequentially to $3.85 billion and outpaced analysts’ expectations of $3.69 billion. The company’s adjusted gross margin came in at 46.3%, down 30 basis poi...

Priti Ramgarhia- April 20, 2021, 4:37 AM EDT SHARE ON: Johnson & Johnson is slated to report first-quarter 2021 earnings on April 20 before the market opens. Over the past six months, shares of the medical device company have gained 12.9% and are currently trading at $162.69. A strong set of numbers could be the catalyst for a big move upward, so let’s take a closer look at what analysts on the Street are expecting. Earnings Preview Johnson & Johnson ( JNJ) is expected to report EPS of $2.34 on revenues of $22 billion. Meanwhile, the Earnings Whisp...